Program #20
December 5, 2007
Charity Law, Nonprofit Standard Chart of Accounts & Book Review
Presenters:
Anne Robinson, Senior Lawyer, Prolegis Lawyers
Case note update on the Word Investment Ltd case
Morri Young,
Executive Director, Matrix on Board
Interview with Kathryn Crissman on implementing the Standard Chart of Accounts in NSW
Myles McGregor-Lowndes, Director, The Australian Centre for Philanthropy & Nonprofit Studies - Queensland University of Technology
On A.Y.S.A. Amateur Youth Soccer Association and Canada
Charles Heerey, Investment Adviser, Bell Potter Securities
Book review:
Endowment Asset Management – Investment Strategies in Oxford and Cambridge written by Shanta
Acharya
and Elroy Dimson
Download/play/listen to program #20 now
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Transcript – Podcast 20 text version (Word version, 267kB or PDF version, 87kB)
For More Information
On Word Investment Case
Word Investment Case Note, Anne Robinson (PDF, 262kB)
Word Investment Ltd Case Judgement 2007 (PDF, 6MB)
- Read about the Word Investments Ltd Case
- Tribunal decision (PDF, 300kB)
- Federal Court Case: Commissioner of Taxation vs Word Investments Ltd [2006] FCA 1414 (PDF, 3.6MB)
- ATO Summary: Non-Profit News Service No. 0157 - Federal Court decision in Word Investments Ltd
- CPNS Seminar on the Draft Tax Rulings: What is a Charity for Taxation Purposes? &Companies Controlled by Exempt Entities held 1 July 2005.
- ATO Rulings
- TR 2005/21 (PDF, 550kB) – Income Tax and Fringe Benefits Tax: charities
- TR 2005/22 (PDF, 104kB) – Income Tax: companies controlled by exempt entities
- Charities Definition Inquiry report
On Nonprofit Standard Chart of Accounts
Matrix On Board - Mission: To be the leading provider of high quality professional services to not-for-profit organisations as they build their capacity and achieve their goals. Working with CPNS to implement the Standard Chart of Accounts in NSW.
Standard Chart of Accounts - Resources for Queensland including electronic data files and training manuals for use with MYOB, Quickbooks and other accounting software programs, data dictionary, training videos, FAQs, bookkeepers email list, etc.
Standard Chart of Accounts - Resources for New South Wales - including electronic data files and training manuals for use with MYOB, Quickbooks and other accounting software programs, data dictionary, training videos, FAQs, bookkeepers email list, etc.
Presenters
Morri Young
Director
Matrix on Board
Morri Young is one of the Directors at Matrix On Board, which now operates in NSW, Victoria and the Northern Territory.
He has worked in not-for-profit organisations and government for over 25 years, particularly in the community services’ sector. Prior to starting up Matrix in 1997, Morri was the Executive Director of the Association of Childrens Welfare Agencies and the Centre for Community Welfare Training. Matrix’s mission is to stand beside decision-makers in not-for-profit organisations and provide them with quality information about their programs, their systems and their financials. (The photo is with Morri’s eldest son, who does not work in the NFP sector!)
Charles Heerey
Chief Investment Advisor
Bell Potter Security
Charlie is an investment adviser with a particular focus on Third Sector clients. He helps Third Sector clients establish and review investment policies and runs tailored investment mandates. He also assists private clients to establish Prescribed Private Funds, Corporate Foundations and other philanthropic initiatives. He is a board member of the Spinal Cord Society of Australia.
Prof Myles McGregor-Lowndes OAM
Director
The Australian Centre for Philanthropy and Nonprofit Studies, QUT
Myles has advised and held board positions in a large variety of nonprofit organisations over a period of 25 years. He is a consultant to McCullough Robertson Lawyers engaged solely in high level legal and taxation advice to large national and international nonprofit organisations. He is also a member of the ATO Charities Consultative Committee on the introduction of the New Tax System and advisor to the ATO on nonprofit taxation training and education materials and served on the recent Volunteering Australia Taskforce investigating the Rising Costs of Volunteering. Myles will be releasing CPNS Working Paper No 36 Associations Incorporation and Other Legislation Amendment Bill 2006 shortly.
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